202012.17
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Ferrell Hospital Celebrates Opening of its Critical Modernization Project

Springfield, PA and Eldorado, IL: (December 17, 2020) – On October 30, 2020, the board and senior management of Ferrell Hospital, along with its medical staff and hospital personnel, as well community leaders participated in a ribbon-cutting ceremony  to celebrate the completion of Phase I of its $34 million expansion and modernization project. Thereafter, on…

202009.01
0

Housing Authority of the City of Tulsa Completed RAD Conversions of Two Low Income Housing Properties $71.16 Million Funding Stack – 4% LIHTC/ FHA 221(d)4/ Tax-Exempt Bonds, InnoVative Capital serves as Municipal Advisor

Springfield, PA, and TULSA, OK: (September 1, 2020) – InnoVative Capital, LLC  acted as Municipal Advisor to the Tulsa Housing Authority (THA) in the RAD conversion and financing of major renovations and modernization of two federally-owned low-income housing properties, Apache Manor Apartments and Sandy Park Apartments. Under the U.S. Department of Housing and Urban Development’s…

202004.23
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Housing Authority of the City of Tulsa completes 9% LIHTC/Freddie Mac financing of Choice Neighborhoods Housing Project, InnoVative Capital serves as Municipal Advisor

Springfield, PA and Tulsa, OK: (April 23, 2020) – InnoVative Capital, LLC  acted as Municipal Advisor to the Tulsa Housing Authority (THA) in the financing of Phase One of THA’s Choice Neighborhoods Implementation (CNI) project. Located in Tulsa’s Eugene Field neighborhood, this project will bring new affordable and mixed-income housing to replace aging low-income housing,…

201911.05
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InnoVative Capital invited to speak at two upcoming Housing Conferences in Q1 2020

Springfield, PA: (November 5, 2019) – InnoVative Capital is pleased to announce that Mr. Alan Richman, InnoVative Capital, President & CEO has been invited to speak at two upcoming Public Housing Conferences in the first quarter of 2020. The first, Public Housing Authorities Directors Association’s (PHADA) 2020 Commissioners Conference, to be held January 5-8, 2020…

201903.27
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InnoVative Capital joins Pennsylvania Association of Housing and Redevelopment Agencies (PAHRA)

Springfield, PA: (March 27, 2019) – InnoVative Capital, LLC is proud to announce it has become an affiliate member of the Pennsylvania Association of Housing & Redevelopment Agencies. PAHRA is an affiliation of Pennsylvania’s housing authorities, redevelopment authorities, community development agencies, nonprofit corporations, and for-profit companies providing products and services for the housing and community development industry….

201812.10
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Morgan Medical Center Celebrates the Opening of its New Hospital

Springfield, PA and MADISON, GA: (December 9, 2018) – Morgan Medical Center opened the doors today to its “state-of-the-art” replacement critical access hospital. Ushering in a new age of advanced local medical care for the residents of Morgan County, the former Morgan Memorial Hospital, has also officially adopted its new name Morgan Medical Center. This…

201811.09
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InnoVative Capital executes $25 Million Tax-Increment Financing for the MDHA

Springfield, PA and Nashville, TN: (November 9, 2018) – InnoVative Capital, LLC (“InnoVative Capital”) served as Municipal Advisor to the Metropolitan Development and Housing Agency (“MDHA”), in the structuring and financing of the MDHA’s $25 million, Tax-Increment Development Revenue Bonds (“TIF”) for the Fifth & Broadway Development Project (the “Project”). The bonds were aggressively priced…

201810.17
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InnoVative Capital joins National Association of Housing and Redevelopment Officials (NAHRO)

Springfield, PA: (October 17, 2018) – InnoVative Capital, LLC is proud to announce its membership in the National Association of Housing and Redevelopment Officials (NAHRO). NAHRO is the leading housing and community development advocate for the provision of adequate and affordable housing and strong, viable communities for all Americans-particularly those with low-and moderate-income. This announcement…